Meituan is a Chinese super-app platform providing food delivery, local services, travel, hotels, entertainment, and other on-demand services. Founded in 2010 by Wang Xing as a Groupon-inspired group-buying platform, Meituan expanded through strategic acquisitions (including Dianping in 2015) and evolved into a comprehensive local lifestyle services ecosystem. The company operates across multiple categories including food delivery (65-70% market share in 2024), hotel bookings, entertainment ticketing, and logistics. Meituan went public on the Hong Kong Stock Exchange in September 2018 and has established itself as one of China's most valuable technology companies.
Meituan is publicly traded
IPO'd on Sep 20, 2018
This company is no longer available on our private secondary market. Shares can be traded publicly under 3690.HK.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2010
Employees
109,185
Total Funding
$9.8B
12 rounds
Last Private Valuation
$30B
Oct 19, 2017
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $9.8B across 12 rounds
Last updated 06-25-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Oct 19, 2017 | Pre-IPO / Series C (combined) TechCrunch | $4B | $30B | Tencent, The Priceline Group |
| Jan 19, 2016 | Merger / Combined entity (Series F) TechCrunch | $3.3B | $18B | Tencent |
| Apr 1, 2015 | Dianping Series E | $850M | $4.05B |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Tencent strategic / Dianping
$2B
Feb 2014
Meituan today
$30B
Oct 2017 · latest mark
Meituan multiple
15.0x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Wang Xing
Founder, Chairman & CEO
Shaohui Chen
Senior Vice President & CFO
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Ele.me
Alibaba-backed food delivery platform commanding 33% market share in China's food delivery market as of 2024.
JD.com
Major Chinese e-commerce and logistics platform expanding into food delivery and instant retail markets.
Alibaba Group
China's largest e-commerce and technology conglomerate, operates Ele.me and competes in local services.
Yes, Meituan is publicly traded under the ticker symbol 3690.HK on the HKEX. The company went public in Sep 20, 2018.
Meituan trades under the ticker symbol 3690.HK on the HKEX. It began trading in Sep 20, 2018.
Meituan (3690.HK on the HKEX) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker 3690.HK to place an order.
Meituan went public in Sep 20, 2018 via ipo, with an offering valuation of approximately $30B. Meituan completed its initial public offering on the Hong Kong Stock Exchange on September 20, 2018, at an IPO price of HK$69 per share, raising $4.2 billion. The company is currently trading under ticker 3690.HK.
Meituan raised $9.8B across 12 disclosed funding rounds prior to its public listing.
Meituan was founded by Wang Xing in 2010.
Meituan is headquartered in Beijing, China.
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